HB5863 — Economic development: obsolete property and rehabilitation; HOPE zone exemption; provide for. Amends sec. 10 of 2000 PA 146 (MCL 125.2790). TIE BAR WITH: HB 5852'26, HB 5856'26

HB5863 — Economic development: obsolete property and rehabilitation; HOPE zone exemption; provide for. Amends sec. 10 of 2000 PA 146 (MCL 125.2790). TIE BAR WITH: HB 5852'26, HB 5856'26 · Informed CitizenryThis bill amends the Obsolete Property Rehabilitation Act by establishing a specific tax, called the obsolete properties tax, levied on every owner of a rehabilitated facility that receives an obso…Open in Informed Citizenry